Gulf Keystone Petroleum Share Discussion Threads

[nestoframpers] 16/9/2022 19:34

1waving - 08 Sep 2022 - 10:27:23 - 660922 of 661130 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
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Brent Crude. --- Elliott Wave pattern

Brent crude made a clear 5 wave move from around $20 up to a peak of $140.

From $140 there was a sharp move down to $100. A move down of $40. The A wave

That was followed by a B wave corrective phase ending at $125 in June this year.

The C wave down is very often the same length as the A wave, which was $40.
So from the C wave starting at $125, the target is around $85.

That would complete a corrective A-B-C move following the 5 waves up.

[habshan] 16/9/2022 19:10

"For lies all you need to do is believe in the BS that Carroll, higlander7,
sarahgibbs and habsham post up."

Hehehe, now then Sarah, a question for you.

You come on here every day telling us what's what and how it all works.

You tell us that you have friends in the City and you get the word on the street.

So why did Broadford have to explain to you the ABSOLUTE BASICS because you didn't understand that when wells aren't maintained they go into decline and production falls.

Why did he have to explain that to you.

And having explained it to you you STILL don't understand it.

Why would we give an ounce of credibility to the utterances of someone on an oil and gas board that doesn't understand something like that that would be simple common sense to a 10 year old girl.

You're just a donkey aren't you.

[bigdog5] 16/9/2022 18:47

Yes habscum, keep inventing pathetic excuses for me to ridicule.

Your desperate acolytes need you to continue to CON them.

So harriot highlander where are all the Kozel barrels? How is it that the Reserves continue to fall. Why has taken your "experts" 8 years to increase production from 42k a day to 45k? If the field was performing well the 55k should have been achieved in 2018. Several more wells drilled and yet only 3k increase.

The hosts Reserves down from 45b to way less than 3b.

The Kozel barrels down from fantasy land to 250m

Bit of a trend innit:-)

[eyesandears] 16/9/2022 18:13

Habsham, apologies. I stand corrected. Please continue to highlight the garbage they post👍

[highlander7] 16/9/2022 18:03

"Habsham, why do you rise to Condog bait."

If you dont keep kicking that pair of clowns they will take over the board. So its necessary - unfortunately. If you want to see what happens when you dont . Then pay a visit to LSE. A troll dominated board.

H7

[sbb1x] 16/9/2022 16:51

Looks like our big trader been selling all day ut @221.

[giant_canine] 16/9/2022 16:45

Fair value £ 6.72.

[punter26] 16/9/2022 16:42

"Habsham, why do you rise to Condog bait."

Keep at it please Habsham, I for one, appreciate your posts.
The trolls, who are clearly financially incentified/paid, need to be rebutted, and I am grateful that you continue to do such a sterling job.

[eyesandears] 16/9/2022 16:26

Habsham, why do you rise to Condog bait. Ignore him like the majority do. He is a total pr_ck.

[habshan] 16/9/2022 16:10

Bigdog 565334 - "why would anyone offer daft numbers especially as the company only have a reasonable handle on the only zone they drill to? And even that zone is obviously causing problems what with a massive decrease in production that won't be fixed this year.

An hour later Sarah, even Broadford was embarrassed enough to come on and tell you that you're an idiot and haven't a clue what you're talking about and in the more than 4 years since then you've still learned absolutely NOTHING:-

"BigDog, I appreciate your ongoing & critical views, so please don't take this the wrong way.

The "problems" to which you refer are the daily, bread & butter issues you are presented with when operating an oil well / field; especially so at SH, where some wells have been producing for quite a while now.

The reduction in output, from ca. 40+Mbopd to 31Mbopd, looks terrible I agree, but doesn't indicate there's anything going catastrophically wrong "down the hole".

Well we all certainly appreciate her "ongoing & critical views" Broadford, they're the best comedy around.

[giant_canine] 16/9/2022 16:00

HTTPS://twitter.com/TipRanksUK/status/1569713366913908737?t=ilMNEtBSlb73hSEwd8xPAw&s=19

[highlander7] 16/9/2022 15:39

Malcy....

Oil price

Oil fell sharply yesterday as mixed US data led to some commentators suggesting that a much bigger rate rise should be made by the Fed next week, in some cases as much as 125bp. Also it seems that one of the arch bulls of the oil price, Morgan Stanley have bottled out and reduced their oil price targets, which must signal the bottom for the time being.

[giant_canine] 16/9/2022 15:34

Famous last words...

[sbb1x] 16/9/2022 15:29

Dow recovering now

[giant_canine] 16/9/2022 14:52

Fair value £ 6.72
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[giant_canine] 16/9/2022 14:51

BIGDOG RE-ITERATES CONVICTION BUY
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" GKP is the most valuable E +P independent on Earth and will be sold imminently"

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45 quid a share.

[bigdog5] 16/9/2022 14:50

Just to follow up on BB's "blocking rights". The company have a working interest of 80% and still none of you have worked out why this is.

However, the hosts at any time that suits them they can "speak for" up to 35% of the field. So they have control of what happens with the field.

They can "block" should they wish to or they could arrange a deal. And you can be assured it would suit them as history has proved.

Just pointing out the facts and reality for you suckers.

[bigdog5] 16/9/2022 14:43

Water was found hundreds of meters higher at S12 at the lower targeted zone (they thought there was a sufficient "buffer" between the oil and where they thought the water to be). The lower Zone was drilled in the hope of adding to the Reserves.
They then came back up the well to produce from the higher zone and hit water again. So instead of adding to the Reserves they need to reduce them as oil they expected was there, isn't. And bearing in mind they've "lost" hundred's of meters of what they expected was oil that will have a material effect on the reserves figure.

As for the 2C numbers they're worth naff all because they haven't got any confidence in them being there. They haven't drilled to the Triassic in years so the Data from the Kozel regime is also worth naff all. No one buys or values fantasy of what might be there. And just the same applies to the Permian. The Cretaceous is tar and not worth spending on.

From the 489m Gross deduct this years production (around 16m) and then decrease the Reserves by an appropriate amount for the water being found not only at S12 but several other wells as well. It could be a huge figure but after using 58% of the Gross Reserves let's assume they have a Net figure of 250m of very heavy oil. Based on what Total received for their top-quality oil the 12-18 API at shaiCON shouldn't be valued above $1.50pb.

Keep up the fantasy suckers as its real entertaining to those of us that understand far more about the problems the field is having. You're only deluding yourselves:-)
If the field was any good it would have been purchased years ago.

[1waving] 16/9/2022 14:37

Nor
Wave 5 completed at 320p.
Now in a corrective pattern, likely for months.
Looking for the first 5 waves to be a greater Wave ONE with wave THREE to come next. Watch for a break above 320p
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[sbb1x] 16/9/2022 14:34

Bargain down here. Another day closer to our 10p dividend. Reckon a share buyback willnbe anounced after ex divi day.